Peter’s Blog

Powell is admitting that inflation is still too high, but the Fed still plans to cut interest rates by .25%. So why are mortgage rates going up?

The ongoing crisis in the Red Sea has thrust maritime security into the global spotlight, exposing vulnerabilities in our international shipping lanes and threatening the stability of global trade. Since November 2023, Houthi forces in Yemen have conducted over 100 attacks against commercial ships and warships, creating an unprecedented challenge for the maritime industry. This […]

Will the Trump administration’s proposed tariffs on Chinese, Mexican, and Canadian imports could send shockwaves through the already vulnerable U.S. commercial real estate market? With a 10% tariff on goods from China and 25% tariff on imports from Canada and Mexico, the additional cost will be passed along to the US builder and consumer — […]

As prices rise and economic uncertainty becomes a daily reality, many Americans are left grappling with the question: how did we get here? With inflation eating away at purchasing power, the need for a sound monetary policy has never been more pressing. In these turbulent times, the insights of Nobel laureate Milton Friedman shine brightly. […]

The United States is grappling with a severe housing affordability crisis that has persisted for years, leaving millions of Americans struggling to keep a roof over their heads. While some argue for increased government intervention, free market principles offer the most effective solution the issue.

Thanksgiving cheer is sweeping across America! That means family, feast, and financial burden as the cost of food and other essentials continue to rise for Americans already indebted, cash-strapped, and struggling to make ends meet. According to the Fed, inflation is only a mere 2.6%, down from over 3% last year. Setting aside the inherent […]

America is known as the land of plenty, yet millions of Americans struggle to put food on the table daily. Despite our nation’s economic prowess, the latest data from the U.S. Department of Agriculture is sobering. In 2023, 13.5% of U.S. households experienced food insecurity, a statistically significant increase from 10.2% in 2021. This translates […]

With soaring deficits, soaring debt, and interest payments that can only be made by issuing a debt-based currency on which even more interest will be due, the USD can only possibly be described as an elaborate nation-state level bankster Ponzi scheme. 

Whenever someone puts forward an idea for shrinking the federal budget, one of the first objections is that it will harm the poorest citizens most. Welfare spending, and other means of support are a massive part of the government budget, yet it doesn’t take a lot of insight to see that the government gives even […]

The Cantillon Effect, named after 18th-century economist Richard Cantillon, describes the way newly created money flows through an economy, affecting different sectors and social classes unevenly. When a central bank like the Federal Reserve injects new money into the economy—often through measures like quantitative easing or low interest rates—this money doesn’t distribute itself evenly. Instead, […]